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View Diary: Michigan to Build Windmills--If You Let Them! (70 comments)

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  •  "No one will buy (0+ / 0-)

    from a car company in bankruptcy".

    People keep saying that, but it's not at all clear that it's true.  People don't buy a "GM", they buy a Saturn or a Chevrolet.  And when they buy a Saturn they don't care what happens to Hummer (or maybe they do, which is why they buy a Saturn).

    GM has discontinued brands before (Oldsmobile), without negative impact on those that remained.  They could fold Buick, Hummer and Pontiac and Chevy buyers wouldn't know or care.

    •  In the last year of the Olds... (2+ / 0-)
      Recommended by:
      chrome327, firemage

      ...they had to practically give the cars away... people were afraid to buy them 'cos the nameplate was going away, even though they shared the same parts as every other GM product and the warranties would be valid...

      Had I known this at the time, I would have picked up an Alero for cheap (that was a great car!)

      Just think if no one bought Oldsmobiles 'cos the name was going away, imagine how people would feel buying a GM car having no idea if the company was going to even exist tomorrow...

      Comments that say "GM workers should get retraining" without SPECIFIC DETAILS about those "new jobs" that never come are trollworthy

      by LordMike on Mon Dec 15, 2008 at 10:48:40 PM PST

      [ Parent ]

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